1/2/2024 0 Comments Gamestop wrc 10![]() "That's real money, that's money I could use to pay off my credit card, that I could keep in reserve in my savings account to pay for future semesters," Lenois said on TODAY Monday. The 10-year-old is one of many small investors celebrating their gains, from those who became instant millionaires to people like college student Daniel Lenois, who made $1,100 on GameStop and AMC Theatres stock last week. "And the rest of the $1,000 is gonna go to invest in more companies like Microsoft, Roblox and different companies." "I've already saved $2,200 of it," he said. Jaydyn decided to cash out, making a profit of more than $3,000. "And I was probably stuttering and mumbling, trying to hurry up and explain this is unusual, this doesn't happen all the time, so yeah it was definitely a moment," Nina said. Nina went to Jaydyn and asked him if he wanted to sell the stock. Jaydyn had some questions of his own when he was shown how high GameStop's stock price had risen. "I saw the price and I was just like, 'There's no way this can be real,'" she said. Nina had alerts set up on her phone for GameStop, and last week they started incessantly pinging as the stock price kept going up. "She was saying that I basically owned a small portion of the company," Jaydyn said. Rent-A-Center Settles Alleged California Overpricing Dispute "I know this kid loves video games, and at the time I was teaching him financial literacy," she told TODAY. Nina Carr gifted her son 10 shares of GameStop in 2019 as a Kwanzaa present when it was worth about $6 a share, a story first reported by. The GameStop phenomenon has dominated Wall Street after small investors banded together to drive up the sagging stock price of the struggling retailer to make money while also sticking it to hedge funds and other firms that had shorted the stock, essentially betting on it to fail. The stock went on a wild ride last week fueled by a group of Reddit users and amateur investors. ![]() Jaydyn Carr, 10, a fifth-grader from San Antonio, may be the smallest and most excited of them all.Ĭarr and his mother, Nina, spoke to NBC business and technology correspondent Jo Ling Kent on TODAY about how they turned $60 into just under $3,200 after investing in GameStop stock in 2019. It does not store any personal data.Small investors have been touting their windfalls after the stock price of video game retailer GameStop soared last week. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly.
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